Tether revealed data on the number of USDT holders
At the beginning of the fourth quarter of 2024, there were 109 million USDT holders, which is more than twice that of Bitcoin and approaches the 128 million mark of Ethereum. This data was provided by Tether.
According to the company, these figures make USDT one of the most widespread digital assets.
For the analysis, experts took data from Chainalysis for Ethereum, TRON, Binance Smart Chain, Polygon, Optimism, Arbitrum, and Avalanche, as well as from Artemis for Solana, Base, and TON.
In October, the issuer reported that by the end of the third quarter, the Stablecoin was used by 330 million cryptocurrency wallets and on-chain accounts.
This figure does not include several tens of millions of people who operate USDT exclusively off-chain on CEX, so the distribution of the asset is broader, the company emphasized.